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on the program. >> glad to be here. >> so the international energy agency this week said the u.s. will be the largest global oil producer in 2020. this is amazing. so tell me about this sea change in global energy flows today. >> it's great to have more american-made energy, but it's not good enough. we also need to modernize our energy grid. it's not good enough to just be the best at producing the energy the last century. and we are going to spend a couple trillion dollars modernizing the grid, and the question is how we do it. hopefully we do it in a way that protects us from cyber security risks that makes the grid more resilient from storms. that facilitates energy efficiency and renewable energy, cleaner energy in the future. >> you know, it's interesting, because i think we all want to be energy-independent. we want -- we know this country is rich in natural gas. but for the most part, people don't want it in my backyard and yet ge ceo jack with welsh compared it to the internet boom with job pro portion and increases. how do you balance it, the potential economic boom we
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